Vietnam Today

New road to Vung Ro Oil Refinery

The Phu Yen Provincial People’s Committee broke ground on a new road connecting the Vung Ro Oil Refinery with National Highway 1A on the morning of August 4.

The eight-kilometer project has a total budget of VND974 billion ($44.65 million) but only VND97 billion ($4.45 million) will be funded by the province’s Department of Transport, with the remaining VND877 billion ($40.2 million) coming from the State budget.

The contractors for the project are the Xuan Thanh Group, the Transport Engineering Consultant JSC No. 2, and the Ministry of National Defense’s 319 Corporation.

The road will connect National Highway 1A’s Km1348+950 point with National Highway 29’s Km14+100 point, where the refinery and the Hoa Tam Industrial Zone are located.

At the breaking ground ceremony Mr. Le Van Truc, Deputy Chairman of the Phu Yen Provincial People’s Committee, underlined the importance of the route for the development of the Hoa Tam Industrial Zone and especially the construction of the Vung Ro Oil Refinery, which has an annual crude oil refining capacity of 8 million tons and total investment of more than $4 billion.